AirHint found the following cheapest return flights from Madrid (MAD) to Lima (LIM) in January 2026 (see full year).

Return flights

07 Jan - 22 Jan	Air Canada
07 Jan - 04 Feb	Air Canada
22 Jan - 25 Feb	Air Canada
29 Jan - 11 Feb	Air Canada
16 Jan - 21 Jan	Air Canada
07 Jan - 22 Jan	Plus Ultra Lineas Aereas	direct
22 Jan - 29 Jan	Avianca
05 Jan - 24 Jan	Avianca
17 Jan - 28 Jan	KLM
20 Jan - 27 Jan	KLM
01 Jan - 22 Jan	KLM
19 Jan - 16 Feb	KLM
19 Jan - 13 Feb	KLM
20 Jan - 14 Feb	KLM
28 Jan - 11 Feb	KLM
18 Jan - 14 Feb	KLM
29 Jan - 10 Feb	KLM
28 Jan - 10 Feb	KLM
15 Jan - 22 Jan	Avianca
15 Jan - 29 Jan	Avianca

Also check the deals for one-way flights from Madrid to Lima in January.

The deals are updated regularly. The prices may go up as tickets are purchased by other travellers. Only the cheapest flights are offered. Select a price to book and secure these cheap prices.

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Cheapest return flights from Madrid to Lima in January from 702€

Return flights